Morningstar Mutual Funds Service Subscribers

9,101 TOTAL ACTIVE SUBSCRIBERS

Active and trial subscribers to the Morningstar mutual funds service. Each subscriber receives a hardcover binder filled with full-page reports on more than 1800 mutual funds, organized by fund type and objective. Additionally, every two weeks subscribers receive a 32 page report summarizing current performance of all funds covered, updated full page fund reports on the 120 funds featured in the current issue, and general commentary on mutual fund topics. List reaches both professional and individual investors. List is generated through space advertising (30%), and direct mail (70%), and is updated on a quarterly schedule.

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